Page 245 - SALIK PR REPORT ENGLISH AUGUST 2024

His Excellency Mattar Al Tayer, Chairman of the Board of Directors of
Salik, said: “We are very pleased with our performance during the first

half of the year, with strong revenue growth of 5.6% year-on-year,
further supporting our ambition to become a global leader in mobility
solutions. Since the beginning of 2024, we have focused on expanding

our core tolling business while diversifying our revenue streams through
new strategic initiatives. The addition of two new toll gates in Dubai,
scheduled to be operational by the end of November 2024, and our

recent parking solutions partnership with Emaar Malls, which became
operational in July this year, underscore our commitment to
diversification and growth. These initiatives further support the
company’s ability to continue creating value for all stakeholders while

directly supporting Dubai's position as a leading destination to visit, live
and work.”

Ibrahim Sultan Al Haddad, Chief Executive Officer of Salik,
commented: “We are delighted to report another very robust quarter,
with Salik’s performance a clear demonstration of the resilience of our
business model and our commitment to enhancing mobility in Dubai.

The increase in revenue-generating trips and active accounts achieved in
Q2 2024 reflects our strategic efforts to meet growing demand for
efficient transportation. Dubai continues to strengthen its position as a

global tourism hub, attracting more international visitors than ever
before. The city continues to attract new residents and businesses, and
we are proud to play a pivotal role in making Dubai one of the most

accessible cities in the world.”

Performance Highlights

Mobility Highlights
Salik posts 1.6% YoY growth in revenue-generating trips in Q2 2024,
reaching 115.7 million
The total number of trips, including discounted trips, made through

Salik’s eight toll gates grew by 1.2% YoY in the second quarter, driven
by Dubai’s continued attraction to tourists and business-as-usual
commercial activities. As a result, revenue-generating trips reached

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